Common use of Resignation or Removal of the Administrative Agent or Collateral Agent Clause in Contracts

Resignation or Removal of the Administrative Agent or Collateral Agent. (a) The Administrative Agent may at any time give written notice of its resignation to the Lenders and the Borrower to be effective not earlier than thirty (30) days from the date of such notice.

Appears in 4 contracts

Samples: Senior Secured Term Loan Agreement (Cresco Labs Inc.), Senior Secured Term Loan Agreement (Cresco Labs Inc.), Senior Secured Term Loan Agreement (Cresco Labs Inc.)

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Resignation or Removal of the Administrative Agent or Collateral Agent. (a) The Administrative Agent may at any time give written notice of its resignation to the Lenders and the Borrower Representative to be effective not earlier than thirty (30) days from the date of such notice.

Appears in 1 contract

Samples: Security Agreement (Versity Invest, LLC)

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